Deputy Head of Risk

  • Full-time
  • Gibraltar

Key Responsibilities

·       To undertake enterprise-wide risk assessment to identify the key risks faced by Ribbon PLC, provide risk weightage, set KRIs, measure and monitor the same.

·       To fulfil second line responsibilities in providing good challenge, support and risk opinions on risk event management matters of the firm.

·       Development and maintenance of Risk management framework which includes policy and framework developments; Defining Risk Appetite statement and Risk limits; Risk control self-Assessments (RCSAs); Key Risk Indicator (KRI) identification and implementations; collection, analysis, and reporting of OR incidents; Outsourcing policy/ Third party risk management; Business Continuity Plan (BCP).

·       Review the new and existing products/processes to ascertain all risk issues have been identified and mitigated/controlled.

·       Identification and monitoring of Supplier Risk /Vendor risks through risk assessment templates and key performance indicators.

·       To carry out this function in accordance with requirements laid down by Gibraltar Financial Services Commission (GFSC).

·       Reporting to the Board and internal committees on Ribbon PLC’s on the key and emerging risk trends observed, effectiveness of internal controls any other matters which the Board needs to be notified about.

·       Review the Risk Management Policy at least annually and get the amendments approved from the Ribbon PLC Board.

·       Identify, investigate, and resolve breaches and inform the Board and relevant authority of any the same.

·       Training and increasing awareness in the staff members about the best Risk Management practices.


  • A cooperative and motivated team player who can build effective working relationships with stakeholders, colleagues and senior executives alike;
  • Experience in a mid-management/senior position in area of Risk Management in financial services sector with minimum 8 years’ experience;


  • Proven ability to document and implement policy and effective processes in Enterprise Wide Risk Assessment (EWRA);
  • Bachelors degree level or equivalent experience in relevant discipline such as Finance/ Accounting, etc.;
  • Proven professional training or risk qualification, such as FRM; and
  • Ability to be articulate in writing or verbally and engage with the senior management and Board members.


  • Competetive Salary
  • Medical
  • DIS